Too much background? Use the crop tool to cut down the amount
of background. Here is mine:
now we are going to copy this image so that you will have
two images exactly alike, shift D will give you an exact copy of your
original image. On our second image, we are going to
Flip it, on our main menu go to Image/Flip or click on
Control+I. This gives us a mirror image of our text.
next we want to skew the mirror image to appear to
be slightly off center. Go to Effects / Geometric Effects / Skew and
change your settings as below:
Skew direction = Horizontal, Skew Angle = -32, Edge
Mode = Color (set to white).Click OK and it now should look similar to this.
Let's make it look like a real shadow. First
add a new layer. Go to Layers/New Raster Layer and click ok in the new
box. With the Flood Fill Tool change your foreground color to white and
fill our new layer. It should now look completely white, all the text is
gone. On the Layer palette See where you Raster 1 is located and the slide
button next to eye icon. The Slide in PSP XI is located at
the top of the Layer Palette
Slide your button down to about 50% and our image will look as
below:
With that done we want to merge our layers. Go to Layers/Merge/
Merge All. This puts everything onto one layer. We also need to crop
around the text as closely as possible without cutting into the text. Going
back to our original text we need to make room for the shadow
text. Click on Image/Add Border when the window comes up you need to
set it as below:
Making sure the symmetric box is unchecked add more
to the bottom of the image, here I added 122 pixels, and make sure the color is
white like our background. Click OK.
Now Copy the Shadowed text and paste into this
image as below. 
crop as needed and save and you have your beautiful mirrored
text. Don't you just love it! Here are a couple of more examples. 
